Insurer ‘Groundhogs’ See Prices Heating Up In 2002

Each year before Groundhog Day, we at the Insurance Information Institute ask a panel of Wall Street stock analysts and industry professionals to come out of their holes, look around for their shadow, and forecast the outlook for the industry.

Unlike Punxsutawney Phil, who this year predicted six more weeks of cold weather, most analysts expect premium growth to heat

up while the combined ratio begins to thaw following a very long winter of discontent.

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